Canada follows pay as you go policy for war effort
Graham Towers, governor of the Bank of Canada, told the United States Bankers Association for Foreign Trade in Seigniory Club, Que, that Canada would finance the war through high taxes and internal borrowings while maintaining exchange controls. He said Canada met all foreign commitments, avoided debt burdens, and ensured UK access to Canadian goods by sustaining payments and a 700 million dollar interest-free loan, culminating in Parliament approving a one billion dollar gift to Britain.
MENTIONED IN THIS ARTICLE
Seigniory Club
Que
Canada
Graham Towers
Bank of Canada
United States Bankers Association For Foreign Trade
Tower
United Kingdom
Towers
Canadian National Railways
Massive Navy Build Planned to Add Hundreds of Ships
A proposed $8.9 billion measure aims to authorize construction of about 500 fighting ships to nearly double the U S fleet. Vinson, chair of the House naval committee, says the two ocean navy could be finished in 24 months. The program would add carriers, cruisers, destroyers, escort vessels and patrol craft, in addition to ships already authorized. The bill also requests over $654 million in direct appropriations and more than $1 billion in contract authorizations, with roughly $87.5 million set for submarine work.
MENTIONED IN THIS ARTICLE
U.S. Bil Anke
Navy
Washington
U.S
Vinson
House of Representatives Naval Committee
House Appropriations Committee
Navy, Marine Corps and Coast Guard
Wartime rules urge salvage of used collapsible tubes
Ottawa announces that used collapsible metal tubes must be delivered to designated stores and not kept beyond delivery needs. It is illegal to destroy or throw away an empty tube containing any substance. About 250 tubes are needed for bomber fuel additive, with Manitoba Saskatchewan milk collection zones touted to save gasoline and rubber.
MENTIONED IN THIS ARTICLE
Ottawa
Pricea and Trade Board
Sugar Rationing Allows Icing Within 70 Percent Quota
The wartime Prices and Trade Board outlines revised sugar rules restricting industrial use to 70 percent of 1943 needs. Bakers may ice products within this quota, removing a ban on icing but requiring reliance on the available sugar under the limit.
MENTIONED IN THIS ARTICLE
Seger
Ottawa
Prices and Trade Board
Donald Gordon
Prices Board
Canadian Corps Endurance March Tests for European War
Canadian troops undergo a 12 day march training exercise in southeast England simulating invasion conditions. Units covered 40 to 56 miles in grueling timelines while British and Canadian leaders including Gen Crerar and Gen Montgomery praised the corps performance. Night reconnaissances and capture of maps and prisoners occurred as observers from Brooke and McNaughton watched the drills.
MENTIONED IN THIS ARTICLE
England
Europe
H. D. G. Crerar
BL. Montgomery
Britain
Southeast Army
Crerar
Montgomery
Alan Brooke
Home Forces
A. G. L. McNaughton
B. W. Browne
Radio blackout ordered on BC coast defense area
The Western Air Command of the Royal Canadian Air Force ordered a radio blackout of stations in the British Columbia coastal defense area as a precautionary measure. The WAC said the action was precautionary only and intended to avoid potential interference during security operations.
MENTIONED IN THIS ARTICLE
Victoria
British Columbia
Western Air Command
Royal Canadian Air Force
W.A.C
Praise Farm Women in War Work Across Canada
Ottawa expresses government thanks through an 8 $30 900 ad campaign in farm publications. Agriculture officials praise farm women for vital war work, noting they stay on farms, manage families, and undertake extra tasks to ease labor shortages, including knitting and Red Cross activities.
MENTIONED IN THIS ARTICLE
Ottawa
Canada
Agriculture Department
Red Cross
Postponed Signing of British Commonwealth Air Training Plan
Ottawa reports a last minute postponement of the signing set for June 3 as details remain under consideration. Broad outlines are settled but financial and other specifics wait final agreement before any formal signing.
MENTIONED IN THIS ARTICLE
Ottawa
Two U.S. Merchant Vessels Torpedoed in Caribbean
In the Caribbean area two U.S. merchant ships were torpedoed. One vessel is described as medium-sized and the other as small, with no immediate reports of crew casualties released. Authorities assess the extent of damage and raid the area for further threats.
MENTIONED IN THIS ARTICLE
Washington
U.S
Caribbean
Noted Chemist Predicts Synthetic Rubber by 1845
Dr J Cramer of Philadelphia told the Canadian Chemical Association that civilian use of synthetic rubber could begin by 1845 at the earliest. He said another two years of war will entrench the synthetic rubber industry and cited Allied stockpiles around 100000 tons with annual production near 170000 tons from plantations and rubber trees.
MENTIONED IN THIS ARTICLE
Hamilton
4. J. Cramer
Philadelphia
Canadian Chemical Association
United Nations
Audacious British Raids in Libya Shock Axis Forces
A band of British volunteers behind Libyan lines conducted daring operations against Axis posts. In a 20-man patrol they confronted 800 enemies, captured two prisoners, killed many, and destroyed trucks without losses. The mission earned the leader the Military Cross.
MENTIONED IN THIS ARTICLE
Libya
Italy
Jerry
RAF claims air war victory with two to one tally
The Air Ministry reports Allied air superiority, noting 5,009 British planes lost and 10,045 German and Italian planes destroyed across Europe and the Middle East. Germany's raids on Britain peaked in November 1940, while Allied forces claim 1,200 Japanese planes shot down in the Far East.
MENTIONED IN THIS ARTICLE
London
R.afp
Axia
Air Ministry
Gemany
Cologne
Essen
Britain
Germany
R.A.F
France
Far East
May ration coal in Canada and United States warned
J McG G Stewart federal coal administrator for Canada told the Canadian Retail Coal Association that coal rationing could occur in the United States this winter and would likely be mirrored in Canada. He urged early procurement and said details would be announced well in advance due to anticipated transport strains from autumn harvests and wartime needs with a deadline around September 1 or 15 1943 for coal transport.
MENTIONED IN THIS ARTICLE
Toronto
Canada
United States
J. McG. Stewart
Canadian Retail Coal Association
Stewart
Brockington Goes to Britain as Empire Adviser
Leonard W. Brockington of Ottawa will advise Brendan Bracken on Empire affairs in Britain. He will also speak write and broadcast from the U K and depart soon, following a wartime post with Prime Minister King and several on air speeches on Canada Britain cooperation.
MENTIONED IN THIS ARTICLE
Leonard Brockington
Ottawa
Leonard W. Brockington
K.C
United Kingdom
Brendan Bracken
Brockington
Britain
Mackenzie King
Displays Banned From Fairs Under Wartime Order
Ottawa reports that displays of farm machinery will be missing from fairs and the inter provincial plowing match this year. A wartime prices and trade board order prohibits exhibition and demonstration of farm machinery and equipment including repair parts at all fairs.
MENTIONED IN THIS ARTICLE
Ottawa
Prices and Trade Board
Barrymore estate leaves $10,000 cash to three children
John Barrymore's will transfers his assets to Gordon Leroy, his attorney, with an estate estimated at about 10,000 dollars in cash plus an automobile, household furniture, and bric-a-brac. The veteran actor reportedly earned about 1,000,000 dollars during a long stage and screen career. Canada has had 39 bank mergers since Confederation in 1867.
MENTIONED IN THIS ARTICLE
Los Angeles
John Barrymore
Gordon Leroy
Canada
Also Mentioned on This Page
Winnipeg
Manitoba
Saskatchewan
W. H L. Musgrove
Evisory Board
Manitoba Dairy
Alabea New York
British United
War Department
James H. Doolittle
U.S. Army
Tokyo
Gen. Doolittle
Shangrila
Axis
Canadian Pacific
Ogden
Calgary
R. Alderman
F. M. W. Harvey
V.C
Military District No. 13
J. L. Gubbins
W. A. Mather
Western Lines
Canadian Pacific Railway
H. B. Bowen
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